I must say that it's hard to trust a site where the owner puts an image of a sin cos graph on their front page

http://www.bitclix.com/assets/images/figures/figure-1.png

just reporting a bug:

https://blockchain.info/tx-index/68306270

showing unconfirmed inputs but showing that this transaction was confirmed in block 328302

I must say that the picture of your office made me laugh. I was needing a little of fun on my day, tks for that.

Using raw transactions you can know the transaction hash before sending it to the network

In this situation I would alter my program to now generate raw transactions until I find one that the transaction hash would make my address the winner address.

But now your algo is not provably fair as no one can verify the timestamp informed by you.

Ok, I'm starting to think you really should spend some time to learn more about Bitcoin.

An address can be generated without the need to send coins to it.

What I will need to do is find the address that will make me the winner and create 2 raw transactions, one sending my coins to the newly generated address and another to send from the newly generated address to you game address.

Your provably fair algo is flawed as it doesn't protect the users from being cheated by the last player.

I can create a program to monitor the game address until it has 99 players and then start generating addresses until I find one that will make me the winner.

your calcs are wrong.

what you are calculating is the chance to hit all the lotto numbers IN THE ORDER THEY WERE DRAWN.

But that's not how a lottery works, you just need to hit all the number besides the order.

I don't remember now how the odds are calculated but I remember that I have calculated it before and the odds are better than mega millions and power ball.

actually, the game that offers 1 BTC means that the address will have 1 btc after all the 16 tickets are played

your provably fair algo is flawed

the last player can keep generating raw transactions until he find a txid where he will be the winner calculated from your algo

1 cBTC is 0.01 BTC and not 0.1BTC

And another question, how can you prove that you didn't insert a winning ticket after the draw to win the jackpot. Transactions time aren't enough as they did not contain the chosen numbers

How is the ticket revenue distribution in your lottery?

just to let you guys know that I have a pool in this lottery that raise our chances to win any jackpot 86x times and each quota in the pool worth 0.000086 BTC or 0.086 mBTC.

In my pool I have 86 tickets and the tickets doesn't have more than 1 number in common between each other.

Didn't understood the math. 85% of 10 BTC = 8.5 BTC



Yes, I understood that.


I think you didn't get my point.

ok, now I see that will be house tickets in the initials rounds. So lets do the math again:

You are giving 9 BTC for the first round, so, if I send 1 BTC and I win (66% chance), I will receive 8.5 BTC, if the house win the amount will be available for the next round.

so I will send another 1 BTC for the second round, the total jackpot will be 11 BTC, if I win (76.92% chance) I will receive 11 - 0.5% = 10.945 * 85% = 9.30325 BTC. if the house wins, supposing you will get the house rake from the total jackpot, 10.945 will be available for the next round.

so I will send another 1 BTC for the third round, the total jackpot will be 11.945 BTC, if I win (0.8333%) I will receive 11.945 - 1% = 11.82555 * 85% = 10.0517175 BTC. if the house wins, supposing you will get the house rake from the total jackpot, 11.82555 will be available for the next round.

And on the forth round, as this round will not have house tickets I will have paid a total of 4 BTC and will receive a total of 10.68368315 BTC.

Still easy money.

Ok, I didn't read all your first post because it is really long. So forgive me if my questions was covered in it.

But this looks like too easy money, as far I could see, there will be 10 tickets of 0.1, so I just need to send 0.1 from 10 different address (1 BTC total) and I will receive 8.5 BTC (after the house rake). Am I right?


Another thing, I couldn't see the point of the house rake. on the first draw the winner will receive 8.5 BTC, on the second draw, the winner will receive 9.775 BTC, on the third draw 9.96625. As you could see, the winnings will tend to 10 BTC.
So, why the need of house rake?

hi, tks for the prize, can't believe this was that easy.

lets see if I will get the next one.


And you can call me a HE.

Forgot about one thing.

if I have 0.01% of winning 400x my bet, as far as there are enough coins on the jackpot the players still have a positive Expected Return.


After playing 10000 bets my expected return is 9992 bets plus 400 and this will give me 10392, so my Expected Return is a positive 3.92%.


So, still too shady for me.

Well, maybe they are doing this way, putting the "house edge" on the flipping instead on the returned amount (I really doubt they are doing this, we can't call this the "house edge" on this situation, and they really need to explain this on the site). But your math isn't right also, they're not giving the jackpot to their Mom, the jackpot means that amount will be back to the players sooner or later. So this value should be deduced from the "house edge".

So in the situation above we have (in my understanding):

0.8% "house edge" means that in 1000 plays 496 will win and 504 will lose. so 504-496 will give us 8 plays to the house (0.8%)

from all the 504 loses they are putting 5.04 to the jackpot - this leaves the house with 0.296% house edge.

in the best situation there will be 0% players referred in the site and in the worst situation there will be 99%
so this will put house edge about 0.197% and 0.296%. Very low in my opinion.

Besides that we found a positive house edge in the situation above, I still won't play in a site with that low house edge and not provably fair.


i forgot about that, tks for clarifying, but still doesn't make sense, see below.

I'm missing something here.

The site is to shady for me, I think I need explanations on:

- You are saying that "Each time you win, we double your bet" and also "We have a low house edge of just 0.8%". How can this be possible? if you're doubling our bet everytime we win, in a fair random system your house edge is 0%. But yet you are giving 1% of the losing bets (50%) to the jackpot and also 0.1% to the referred players. This make you house edge -0.6%. I'm really sure you isn't a wealthy person donating your money to the poor players of your site, so, unless you can prove that your site is generating fair random numbers, you are just scamming people on your site.

- You said here: "As for jackpots: the chance to win a jackpot is 0.01%". Wow, so this is a nice form to win easy money from your site. Well, the bitcoin jackpot is at 43 BTC, but the minimum bet size is 0.00001. Statistically if I bet a total of 10000 bets of 0.00001 (total of 0.1 BTC) I have 100% of chance of winning 43 BTC, niiiiiiice. You should be asking why I didn't try to win this jackpot before posting this here. because we have a saying in my country that says: "when the alms is big, the saint distrusts" or using a known english sentence: "it's too good to be true".